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I've heard it suggested that the best way to stimulate a bunch of startups is to collapse a big tech firm. I know of at least two clusters that can be traced ba
by hgomersall 5y ago
I've heard it suggested that the best way to stimulate a bunch of startups is to collapse a big tech firm. I know of at least two clusters that can be traced back to big companies going under.
- mikepurvis 5y agoThe Toronto-Waterloo tech corridor can be pretty heavily tied back to the slow implosion of RIM/BlackBerry over the course of the early 2010s. Even the companies that predate those events still benefited a lot from the glut of qualified personnel coming available, and there are others which had been funded or bootstrapped by early RIM employees.
- bregma 5y agoWhere I work at BlackBerry it seems to be all ex-Nortel people. So it goes.
- petercooper 5y agoOr even half an industry. I don't think it's a coincidence a lot of significant technical developments or companies came out of the post dot-com "fallow" period of 2002-2006 (like the spread of Ajax, Rails, Django, .NET and Mono, Skype, WordPress, much of Web 2.0's innovation with Flickr, Twitter, and Facebook all founded in this period, AWS).
- navaati 5y agoSun
- mattkevan 5y agoPretty sure that most of Silicon Valley, including Intel, was founded by people exiting Fairchild Semiconductor when things got rough there in the ‘70s. https://computerhistory.org/blog/fairchild-and-the-fairchildren/ https://computerhistory.org/blog/fairchild-and-the-fairchild...